What has made Pisgat Nahalim in Fatah one of the most successful acquisition groups in Israel?

Purchase groups also include risks, but there are hundreds of groups that have received a phenomenal return on investment and satisfied project tenants. What are the right ingredients that will increase your chances of success? The road to a successful acquisition group, through the story of the prestigious Pisgat Nahalim project in Hadar Ganim neighborhood in Petah Tikva

The Pisgat Nahalim project includes two 23-story towers each, totaling 140 housing units, and will be inhabited in 2015 (Photo: Israel Housing Administration)

The prestigious 'Pisgat Nahalim' project in Hadar Ganim neighborhood in Petah Tikva (Photo: Israel Housing Administration, PR)

A delicate purchasing group today is a great alternative to buying a residential or investment home - as long as you do it right - thus saving the entrepreneurial profit of buying a home from a contractor. The functioning of the company that manages the acquisition group, from dealing with group members, through obtaining financing, building management to customer service throughout, is a major factor in the project's chances of becoming especially lucrative for all parties in the equation. What has made Pisgat Nahalim, the acquisition group for the luxury project in Petah Tikva, such a great success story in the field?

A summit in Petah Tikva - luxury at hand, thanks to a purchase group

One example of a particularly successful acquisition group is the Nahalim project at the Nahalim complex in Petah Tikva. The project was implemented through the Residential Administration for Israel, owned by Motti Peled, who accompanied the members of the group and the construction process throughout. The Summit Streams project includes two 23-story towers each, totaling 140 housing units, and was populated in 2015.

"A residential administration company competed in the land manager's bid for the right to build on the land, marketing the project to a purchase group in the religious-national population," says Moti Peled, co-owner of the Israel Housing Administration.

Bottom line, the construction of the project was completed in a record 30 months, well before the other projects in the Nahalim complex, through construction company Ortam-Malibu. "The project is populated, and the tenants are very pleased," Peled says. "In terms of buyers, this is a dream deal - they doubled their capital in a few years, with today their apartments worth at least NIS 2 million."

"Purchasing group project management meets to bring the project to the financial goal, in full cooperation with the group's representative." Summit Streams (Photo: Residential Director of Israel)

The prestigious 'Pisgat Nahalim' project in Hadar Ganim neighborhood in Petah Tikva (Photo: Israel Housing Administration, PR)

The key to the success of an acquisition group - choosing the right management company

Moti Peled, co-owner of the Israel Housing Administration (Photo: PR)

Purchasing group management is a particularly challenging task, which requires a fine balance between human conduct, professional knowledge, experience in the field and record motivation.

"The ability to manage a group of hundreds of different-minded purchasers depends on the experience and service the company provides to the team members," Peled explains. "Purchasing group project management ultimately comes together to bring the project to the financial goal, in full cooperation with the group's representative," says Peled, who specializes in organizing and managing acquisition groups across the country. He said the professional experience and skill of the managers and staff is a critical factor for such large projects, such as the "Peak of the Rivers" in Petah Tikva.

Therefore, when organizing a purchase group for a project of medium size and above, it is very important to connect with an experienced and specialized management group, that you know how to provide the appropriate service to the group members, to manage wisely and sensitively with the group's representative, to obtain financing from the financing agencies, and to monitor the actual construction.

Residential Administration - Successes and Projects Across the Country

Rotem Sadeh, Director General of Residential Administration (Photo: PR)

The Israel Residential Administration, owned by Moti Peled and managed by the company's CEO Rotem Sadeh, has leveraged the success of Summit Creek, and has since established 20 projects nationwide.

The company's staff includes a project management department, a bank escort department and a customer service department - all in order to provide a complete envelope of services that a purchasing group needs to achieve the fastest realization and meeting the professional goals most efficiently.

"We have built the right structure and the most experienced and skilled staff to provide full service to the team members, assist the delegates in making the right decisions, obtain the best funding for the group, and provide construction assistance and meet all the challenges that arise in construction projects," says Rotem Sadeh, CEO of the company.

In every complex project, there are a variety of professional elements whose collaborative work is a prerequisite for the success of the project. One of the significant factors is the engineering supervision that is a major link in the chain. In the project at Summit Rivers, the project's engineering supervisor, Mr. Ofer Fraser of Adnir Company, who accompanied the project to completion.

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